Steadily Develops Traditional Businesses Actively Develops Financial Technology Services HONG KONG – (ACN Newswire) – China Success Financial Group Holdings Limited (“China Success Finance” or the “Company”, together with its subsidiaries the “Group”, stock code: 3623.HK) is pleased to announce its audited annual results for the year ended 31 December 2018. During the year under review, the financial performance of the Group generally improved and recorded a turnaround to profit as compared with the first half of the year. The Group invested resources in transforming its businesses and moderately investing in resources, net income from financial guarantee business achieved a 365.5% increase as…
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SINGAPORE – (ACN Newswire) – Biolidics Limited (“Biolidics” or the “Company”), a medical technology company with a focus on cancer diagnostic solutions, is pleased to announce that its laboratory partner in China, Hunan Agen Medicine Laboratory Technology Co., Ltd. (“Hunan Agen Lab”), will start offering the LDTs (related to circulating tumour cells (“CTCs”)) as clinical services to cancer patients, using Biolidics’ ClearCell(R) FX1 System and CTChip(R) FR1 biochips. Serving various hospitals in Hunan Province including two major hospitals, Xiangya Hospital Central South University and Hunan Cancer Hospital, Hunan Agen Lab provides multidisciplinary diagnostics, including clinical cellular and molecular genetics, clinical pathology, clinical immunology,…
MUNICH, GERMANY / ACCESSWIRE – (ACN Newswire) – Hanwha Q-Cells issued a press release on March 25, 2019 following the filing of patent infringement proceedings in the Federal Court of Australia against REC Group, BayWa r.e. Solar Systems, and Sol Distribution. In the claim against REC Group, Hanwha did not provide full particulars of their allegations despite REC Group’s requests for the same and went ahead to commence proceedings in the Federal Court of Australia. Based on REC Group’s preliminary analysis of Hanwha’s complaints and the asserted patent, REC Group is confident that it does not infringe Hanwha’s patent, and will vigorously defend…
Steady Rises in Revenue and Profit, With Profit Reaching RMB167.2 Million and Final Dividends of RMB0.06 Per Share (Tax Inclusive) HONG KONG – (ACN Newswire) – Luzhou Xinglu Water (Group) Co., Ltd.* (“Xinglu Water” or the “Company”, stock code: 2281) announced the audited consolidated results for the year ended 31 December 2018 (the “Reporting Period”). During the Reporting Period, the Company posted revenue of RMB1,218 million, up 12.6% year-on-year; profit of RMB167 million, up 17.2% year-on-year; profit attributable to owners of the Company of RMB154 million, up 17.4% year-on-year; basic earnings per share of RMB0.18, up 12.5% year-on-year. The Company proposed the payment…
Net Loss Declines More Than 90% to HK$7.38 Million HONG KONG – (ACN Newswire) – Rare earth and refractory materials manufacturer China Rare Earth Holdings Limited (“China Rare Earth” or the “Group”) (stock code: 769) reported a net loss of HK$7,376,000 for the year ended 31 December 2018, representing a sharp decline of more than 90% relative to HK$84,781,000 last year and reflecting a significant improvement in the Group’s operation. Financial Highlights 2018HK$’000 2017HK$’000 Change Rare Earth Segment Revenue 554,515 386,533 +43% Refractory Materials Segment Revenue 347,580 250,629 +39% Total Revenue 902,095 637,162 +42% Net Loss 7,376 84,781 -92% Loss Per Share 0.23…
Scientific and Technological Innovation Development Enhances Sustainable Development HONG KONG – (ACN Newswire) – TravelSky Technology Limited (“TravelSky” or the “Group”; HKEX stock code: 00696), a leading provider of information technology solutions for China’s aviation and travel industries, announced its audited annual results for the year ended 31 December 2018. In 2018, the total revenue of TravelSky amounted to RMB7,472.1 million, representing an increase of 11.0% year-on-year. Profit before taxation increase 0.7% to RMB2,650.4 million. Profit attributable to the owners of the Company increase 3.4% to RMB2,325.1 million. Basic and diluted earnings per share were RMB0.79. The Board of Directors recommended a final…
Thailand-based global hospitality company on course to become one of the largest international hotel operators in the Philippines by 2021 BANGKOK – (ACN Newswire) – Dusit International, one of Thailand’s leading hotel and property development companies, is set to expand its presence in the Philippines this month with two hotels opening over two days – each offering special opening rates. On 29 March 2019, Dusit will open the five-star Dusit Thani Mactan Cebu in a beachside location on the scenic Punta Engano peninsula of Mactan island, approximately 10 kilometres from Cebu City in the…
Five Segments of Strategic Investments Recorded Profits; Breakthroughs of Building Pillar Assets HONG KONG – (ACN Newswire) – Legend Holdings Corporation Limited (“Legend Holdings” or the “Company”; stock code: 3396.HK) today announced the audited annual results for the year ended December 31, 2018 (the “Reporting Period”). During the Reporting Period, the revenue of the Company increased by 13% year-on-year to RMB358.92 billion. The net profit attributable to equity holders of the Company decreased by 14% to RMB4.362 billion, mainly caused by the decrease in the fair value of the financial assets invested as financial investments businesses were impacted by capital market. The basic…
Profit attributable to the owners of the Company increased significantly by 79.9% to approximately HK$418 million; Sales exceeded HK$1.1 billion; Obtained substantial breakthrough in research and development HONG KONG – (ACN Newswire) – Lee’s Pharmaceutical Holdings Limited (“Lee’s Pharm” or the “Group”, Stock Code: 950), an integrated research-driven and market-oriented pharmaceutical group in China, today announced its annual results for the year ended 31 December 2018 (the “year under review”). The Group generated a revenue contribution of HK$1,137,626,000 from the sales of pharmaceutical products in 2018, representing a growth of 12.8% as compared to that of in 2017. Major six products contributed 94.0%…
Total AUM Increases 11% to HK$143.5 billion HONG KONG – (ACN Newswire) – China Everbright Limited (“Everbright” or “the Group”, stock code: 165.HK) today announced its annual results for the year ended 31 December 2018. The year 2018 was filled with challenges for the private equity investment and asset management industry. In spite of the challenges, Everbright took full advantage of its cross-border investment platform and delivered solid performance with a set of stable and healthy business indicators. Last year, the Group’s total AUM surged to HK$143.5 billion, an increase of 11%. The Group has 62 actively managed funds which…
HONG KONG – (ACN Newswire) – China Communications Services Corporation Limited (“China Comservice” or the “Company”), and its subsidiaries (the “Group”) (HKSE code: 552), today announced its audited annual results for the year ended 31 December 2018. HIGHLIGHTS: – Enter into a new development stage : continued to transform growth momentum which drove revenue to leap from ten-billion to hundred-billion level – Innovation to drive new development : enriched our Smart Solutions and propelled our software related businesses to sustain rapid development, with growth rate more than 20% – Build the new “Smart” brand : accelerate transformation towards digital services, enhance the brand…
Revenue and Operating Data of the Flagship Product “Warframe” Hit New Highs; Profit Attributable to the Owners of the Company Surged by 131.8% to US$20.4 million HONG KONG – (ACN Newswire) – The global market leader in free-to-play multiplayer online games, Leyou Technologies Holdings Limited (“Leyou Technologies”, and its subsidiaries collectively “the Group”; stock code: 1089) is pleased to announce its annual results for the year ended 31 December 2018. Driven by the flagship product “Warframe”, the Group had achieved encouraging annual results in 2018. During the year, the total revenue of the Group increased by 36.6% to US$227.7 million; gross profit increased…
HONG KONG – (ACN Newswire) – Kingworld Medicines Group Limited (“Kingworld Medicines” or the “Group”, stock code: 01110.HK), a globally leading and well-known omni-channel enterprise with a complete supply chain in the greater health products and services industry in China, has announced its audited annual results for the year ended 31 December 2018 (the “Year Under Review”). For the Year Under Review, the Group continued to monitor changes in the macro environment. Consequently, the Group gradually implemented strategies for channel optimization of medicines, bolstered efforts at online and offline business expansion, actively introduced high-quality products and expedited the pace of financial investment, with…
Continuous fast growing own brand business led to 19.3% surge on net profit to RMB 150 million; Declared a final dividend of HKD 0.027 per share; The latest model and largest SOE in Sichuan becomes a major shareholder; Future development would be boosted HONG KONG – (ACN Newswire) – Tianyun International Holdings Limited (“Tianyun International”, together with its subsidiaries, the “Group”), a leading seller and manufacturer of processed fruits products in China, announced its results for the six months ended 31 December 2019 (“Year under Review”). During the Year under Review, the Group has garnered fruitful results in both business expansion and internal…
Strategy Movement to Tap into SMIA Business Segment Expands Revenue Stream and Diversifies Customer Base HONG KONG – (ACN Newswire) – Risecomm Group Holdings Limited (“Risecomm” or the “Group”) (Stock Code: 1679), a power-line communications (“PLC”) technology enterprises in China, has announced its annual results for the year ended 31 December 2018 (the “Review Year”). During the Review Year, the Group’s two major business segments, namely the automated meter reading (“AMR”) and other business and the Smart Manufacturing & Industrial Automation (“SMIA”) business, both reported growth led to the increase in total revenue of 49.9%, amounted to approximately RMB475.8 million. This is mainly…
Strives to Offer a Wider Range of Innovative and Sustainable Denim Fabrics to Further Expand Customer Base HONG KONG – (ACN Newswire) – Hingtex Holdings Limited (“Hingtex” or the “Group”; Stock Code: 1968), a leading denim fabric manufacturer of long-standing in Hong Kong targeting the mid-range to high-end market segment, today announced its results for the year ended 31 December 2018 (“the review year”). During the review year, the Group continued to strategically specialise in the manufacturing of stretchable denim fabrics and has managed to deliver a stable performance with revenue of HK$640.7 million (2017: HK$648.2 million) and gross profit of HK$200.6 million…
Revenue Grew by 25.7%; Great Achievements in SOE Hospital Take-overs HONG KONG – (ACN Newswire) – The board (the “Board”) of directors (the “Directors”) of Genertec Universal Medical Group Company Limited (the “Company” or “Universal Medical”) is pleased to announce the annual results of the Company and its subsidiaries for the year ended 31 December 2018. 2018 ANNUAL RESULTS HIGHLIGHTS – Revenue amounted to approximately RMB4,297 million, representing an increase of 25.7% as compared with that of approximately RMB3,419 million for 2017. – Profit before tax amounted to approximately RMB1,859 million, representing an increase of 17.9% as compared with that of approximately RMB1,576…
Obtains Exclusive Operating Rights to Yoshinoya in Henan, Shanxi and Shaanxi; Further Expands Store Network in Northern China with All Brands HONG KONG – (ACN Newswire) – Hop Hing Group Holdings Limited (“Hop Hing” or the “Group”; stock code: 47) has today announced its audited annual results for the year ended 31 December 2018 (“FY2018” or the “Year”). Financial Highlights – Revenue increased by 7.0% to HK$2,374 million – Gross profit increased by 6.4% to HK$1,499.6 million and gross profit margin remained stable at 63.2% – Strong growth from delivery sales: revenue from Yoshinoya and Dairy Queen’s delivery service increased by approximately 25.2%…
Two-Pronged “Health + Wealth” Strategy Leads towards Robust Future HONG KONG – (ACN Newswire) – Mason Group Holdings Limited (“Mason Group” or the “Group”, stock code: 273.HK) today announced its audited annual results for the year ended 31 December 2018 (the “Financial Year”). Benefitting from the continuing effectiveness of its “Health + Wealth” investment strategy, the Group successfully achieved a turnaround in 2018, with profit attributable to equity holders of the Group amounting to approximately HK$90.18 million. The Group’s net profit increased by 564.94% to HK$176.01 million during the Financial Year, while its turnover rose by 9.47% to approximately HK$4,074.27 million.…
Net Profit Climbs Near 50% to RMB3.043 Billion HONG KONG – (ACN Newswire) – China Mengniu Dairy Company Limited and its subsidiaries (together as “Mengniu” or the “Group”, Stock Code: 2319), a leading dairy product manufacturer in China, announced today its audited annual results for the year ended 31 December 2018. – In 2018, Mengniu was named the second consecutive year among the “Global Dairy Top 10” by Rabobank, and was on BrandZ(TM)’s list of top 20 most valuable Chinese brands for the fourth consecutive year, plus coming first in brand contribution. And, in 2019, for the first time, it made Brand Finance’s…